The Indian Rupee continued its downward trend, losing 6p against the US Dollar yesterday. It closed at 86.61/$, marking a further weakening of the currency. Over this week alone, the INR has depreciated by 0.74% against the greenback, highlighting ongoing challenges in India’s foreign exchange market amid declining forex reserves. www.newsbytesapp.com
The Indian Rupee continued its downward trend, losing 6p against the US Dollar yesterday. It closed at 86.61/$, marking a further weakening of the currency.
Over this week alone, the INR has depreciated by 0.74% against the greenback, highlighting ongoing challenges in India’s foreign exchange market amid declining forex reserves.
www.newsbytesapp.com